Tuesday, 9 August 2022

Gold Prices May Run Higher but US CPI Poses Risks to Bullish Narrative

Gold prices look ready to continue rising amid a potential short squeeze induced by a drop in real yields and the US Dollar after Fed bets eased in July. The US CPI tonight may spoil the bullish na...

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...